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Strategies for realizing technology ROI in manufacturing

West Monroe

But by 2030, they expect digital operations to deliver tangible benefits in the form of speed and flexibility, customer satisfaction, and financial returns. To support their digital aspirations, manufacturers expect to increase technology investment relative to current levels. Expectations for return on investments are high.

ROI 52
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The State of Automated Customer Service in 2023

Comm100

Best of all, bringing all these benefits to a customer service environment comes with significant return on investment. billion USD by 2030. Automated customer service can generate a substantial return on investment for businesses. What is the state of automated customer service in 2023? million USD in 2022.

2023 85
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How Can You Measure Returns On Employee Experience?

SurveySparrow

What is Return on Employee experience? We are quite familiar with the term, ROI or returns on investment. When it comes to measuring the benefits of a particular cost-related investment, there’s no effective metric available then return on investment (ROI). But have you heard the term ROX? .

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How digital and sustainability alignment can drive value for manufacturers

West Monroe

We believe that aligning the digital journey with the sustainability journey can advance both goals and drive greater overall return on investments. technologies to capture greater energy consumption granularity and leveraged IoT connectivity with power meters and predictive analytics to optimize energy cost. The result?

2021 52
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How digital and sustainability alignment can drive value for manufacturers

West Monroe

We believe that aligning the digital journey with the sustainability journey can advance both goals and drive greater overall return on investments. technologies to capture greater energy consumption granularity and leveraged IoT connectivity with power meters and predictive analytics to optimize energy cost. The result?

2021 52
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A practical approach to implementing Industry 4.0 in manufacturing

West Monroe

From conversations at the Manufacturing Leadership Council’s December 2023 Manufacturing in 2030 event, it became clear that the industry is still far from delivering on the vision of Industry 4.0. We used an industrial automation platform to connect 31 machines across four departments to gather and analyze performance data.

2030 52
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2022 Manufacturing Outlook

West Monroe

It also requires a commitment to continue optimizing digital connectivity between front office (CRM, CPQ, and e-commerce) and back office (ERP, MES, WMS, TMS) systems, automating parts of the middle office, and modernizing systems. will continue to widen and could result in more than 2 million unfilled jobs by 2030.

2022 52